THESEUS PHARMACEUTICALS INC (THRX) Stock Technical Analysis
NASDAQ:THRX • US88369M1018
Taking everything into account, THRX scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. THRX was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, THRX is a bad performer in the overall market: 87% of all stocks are doing better.
- THRX is one of the lesser performing stocks in the Pharmaceuticals industry. 67% of 192 stocks in the same industry do better.
- THRX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- In the last month THRX has a been trading in a tight range between 3.98 and 4.11.
- Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, THRX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
3.60
We found 1 important support area.
- Support @3.64 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.07 to 4.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for THRX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for THRX is up. |
| ChartMill Relative Strength | 13.24 | NEGATIVE | THRX has a low relative strength, it was outperformed by 86.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of THRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of THRX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of THRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.85 | NEUTRAL | The RSI value for THRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests THRX has a negative trend. |
| Stochastics (14,3) | 61.11 | NEUTRAL | The Stochastics value for THRX is a neutral value. |
| Average True Range in percent/ATR (20) | 0.8 | LOW VOLATILITY | The low ATR as a percentage value for THRX suggests low volalility. |
| Average Directional Index/ADX (14) | 35.51 | POSITIVE | The high ADX value value for THRX suggests a strong trend. |
4.06
0 (0%)
THESEUS PHARMACEUTICALS INC / THRX FAQ
What is the ChartMill technical rating of THESEUS PHARMACEUTICALS INC (THRX) stock?
ChartMill assigns a technical rating of 5 / 10 to THRX.
What is the trend direction for THRX stock?
The current trend direction for THESEUS PHARMACEUTICALS INC (THRX) is Bearish.
What is the RSI signal for THESEUS PHARMACEUTICALS INC (THRX) stock?
THESEUS PHARMACEUTICALS INC (THRX) has an RSI value of 59.8532. This indicates that the stock is currently neutral.
What is the buy/sell signal for THESEUS PHARMACEUTICALS INC (THRX) stock?
The buy/sell signal for THESEUS PHARMACEUTICALS INC (THRX) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for THESEUS PHARMACEUTICALS INC?
THESEUS PHARMACEUTICALS INC (THRX) has a support level at 3.64 and a resistance level at 4.07. Check the full technical report for our detailed analysis of THRX support and resistance levels.